Monthly Archives: October 2019

Individual financial accountability and poor economic decisions

I was reading the NY Sunday Times and there was (in my opinion) an interesting, thoughtful article on financial accountability. The bottom line of this article, and many others I have read over the months, is how most people lack accountability for their financial problems and past, poor economic decisions. While I wish there were stats on this particular topic, it is more a subjective matter, but one in which I fully agree with and that is that Americans lack accountability for the poor financial and economic decisions they make …

Save $1 a day to become a millionaire

Yes, it is possible to save $1 per day, or $365 per year, and become a millionaire in your early 60s. The catch is that you need to do this from very, very early in life. Even as far back as for a newborn baby or a child under 5 years of age or younger. The concept is really for an adult saving a dollar a day for a newborn, whether a child, grand-kid, niece, nephew or someone else. If you start saving for someone when they are one year …